Značka: Markets

Bitcoin (BTC) stayed glued to $78,000 on Friday with markets “awaiting clarity” from the US-Iran war.Key points:Bitcoin stalls in its bid to recapture $80,000, as US stocks tread water.Strong earnings are needed to sustain the equities push, says analysis.BTC price support is at risk of giving way next.Bitcoin joins risk assets “chopping sideways”Data from TradingView tracked flat BTC price action into the week’s last Wall Street trading session. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewAmid a lack of fresh geopolitical cues, risk-asset catalysts presented a mixed picture, leading to sideways movements for US stocks. WTI crude oil, after nearing a rematch with the $100 mark, cooled to $95.CFDs on WTI crude oil one-hour chart. Source: Cointelegraph/TradingView“$BTC & Stocks started the week off strong as metals have sold off. But as $OIL has been starting to move again the past few days, risk assets have stalled and are now chopping sideways,” trader Daan Crypto Trades responded in a post on X. “Market is eagerly awaiting clarity from the conflict in the middle east. The longer it drags on and oil keeps moving higher, the more pressure will be put on these.”Macro asset price comparison. Source: Daan Crypto Trades/XThe day prior, trading resource Mosaic Asset Company said that positive earnings figures would be essential to sustain continued upside for stocks, with the S&P 500 already hitting new record highs.“With the first quarter reporting season about to pick up, it will be crucial to monitor forward earnings estimates for any changes in trend since the start of the year,” it wrote in its latest analysis.S&P 500 one-hour chart. Source: Cointelegraph/TradingViewAnalyst “surprised” that BTC price support holdingFocusing on BTC/USD, trading resource Material Indicators hinted at early signs of a deeper retracement next.Related: Bitcoin price set for best gains since Q4 2024 with $77.5K monthly close“Bid liquidity at $76.5k already rugged, as predicted yesterday, and LTF order flow is trending down,” it wrote on X, referring to data from one of its proprietary trading tools.Material Indicators added that it was “surprised” that bid liquidity below spot price had not been pulled.BTC/USDT order-book liquidity data with whale orders. Source: Material Indicators/XTrading account JDK Analysis referenced a “news-driven pump” as further evidence that the low-time frame rally was overextended.“The profile shows $BTC at the upper value extreme of the past two days,” an X thread read, analyzing exchange order-book data.BTC/USDT order-book data (Bybit). Source: JDK Analysis/XThis article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

Bitcoin (BTC) slipped from near three-month highs on Thursday as attention turned to the weekly close.Key points:Bitcoin retraces after its latest trip to its highest levels in several months.The upcoming weekly candle close is of particular interest as price eyes its bull market support band.A macro lull comes ahead of a deluge of US inflation data next week.Bitcoin bull market support band returns after six monthsData from TradingView showed BTC/USD dropping to $77,200 prior to the Wall Street open.The pair hit $79,500 the day prior, marking its highest levels since the last day of January as the $80,000 mark remained narrowly out of reach.BTC/USD one-hour chart. Source: Cointelegraph/TradingView“$BTC just keeps taking out the highs, taking out short stops without following through,” trader Jelle commented on the latest price action in a post on X. “Been a while since we saw PA like that; usually means liquidity is being generated for a larger position. The question is, when will they step on the gas?”BTC/USD four-hour chart. Source: Jelle/XAs Cointelegraph reported, multiple resistance levels remain in play in the current spot price zone, with the 21-week exponential moving average (EMA) proving hard to flip to support. Bitcoin last traded above that trend line in October 2025.With that, another chart feature finally making a comeback after a six-month absence is Bitcoin’s bull market support band.Formed by the 21-week EMA and the 20-week simple moving average (SMA), the support band was lost as support soon after Bitcoin’s latest all-time highs.“$BTC Attempting to break back above the bull market support band,” trader Daan Crypto Trades confirmed. “Eyes on the weekly close this weekend, as it will be an important one. Bitcoin has not traded above its bull market support band since October 2025.”BTC/USD one-week chart. Source: Daan Crypto Trades/XFed policy, oil seen as next crypto catalystsMacro markets provided little volatility on the day, with few cues from the US-Iran war.Related: Bitcoin Bull Score hits six-month high as 2022 bear-market fears lingerThe coming week was due to see key US macroeconomic data prints released, along with the latest interest-rate announcement from the Federal Reserve.As Cointelegraph previously noted, markets saw little chance of Fed easing policy until the end of 2027 as geopolitical uncertainty raised the odds of inflation making a comeback.The latest data from CME Group’s FedWatch Tool put the chances of the Fed changing rates at next week’s meeting at practically zero.“The cleanest tells from here are still oil and policy. Oil below $100 would support the relief case, while clearer Fed signalling would help compress the policy premium,” trading company QCP Capital wrote in its latest “Market Color” analysis on Wednesday. “Until then, the broader message remains the same: risk has stepped back from the brink, but the underlying macro and geopolitical overhang has not been cleared.”Fed target rate probabilities (screenshot). Source: CME GroupThis article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

Bitcoin (BTC) could see further upside volatility as several technical indicators suggested the BTC price was due for a “powerful“ upward move.Key takeaways:Bitcoin’s Bollinger Bands indicator now sees the potential for a massive price breakout.BTC price needs to overcome resistance at $80,000 for more upside. Bollinger Bands suggest Bitcoin’s “bull run is next”Bitcoin’s Bollinger Bands have reached their tightest point ever on the monthly time frame, signaling that volatility should be expected soon.Related: Bitcoin ‘Bull Score’ hits six-month high as 2022 bear-market fears lingerBollinger Bands (BB) is a technical indicator used by traders to assess momentum and volatility within a certain range.The “tightest Bitcoin monthly Bollinger band squeeze, ever,” said analyst Cantonese Cat in an X post on Wednesday.“​​This will lead to a very powerful move when it expands,” the analyst added.The BTC/USD pair gained about 230% between December 2023 and August 2025 to its current all-time high of $126,000, after breaking above the upper boundary of the Bollinger Bands.Similar occurrences in 2020 and 2016 triggered the previous bull runs that saw BTC price rally more than 520% and 4,400%, respectively.BTC/USD monthly chart. Source: Cointelegraph/TradingViewMeanwhile, Coinvo Trading shared a chart showing that Bitcoin’s monthly RSI has dropped to its lowest level since late 2022.This coincided with the BTC/USD drop to a multi-year support trend line, an occurrence that has previously marked Bitcoin’s macro bottoms.The last time this happened was at the bottom of the 2022 bear market, preceding a 350% BTC price rally to its previous all-time high of $73,800, reached in March 2024.“The same exact trendline, the same oversold RSI, the same outcome,” Coinvo Trading said, adding:“Bull run is next in line.”BTC/USD monthly chart. Source: Coinvo TradingAs Cointelegraph reported, several Bitcoin metrics, including a bullish MACD crossover on the weekly chart, suggest that a BTC price breakout is about to begin. Bitcoin must reclaim $80,000 nextBitcoin’s 6% rally over the last three days saw the BTC/USD pair fill the $74,000-$77,000 CME gap created over the weekend.Traders are now looking at the next CME gap above $80,000, formed in early February.BTC/USD four-hour chart. Source: X/NicMC Capital founder Michael van de Poppe said resistance at $79,000 could temporarily “stall” Bitcoin’s upward momentum“Likely we’ll test it first, come back down for a little, find extra stamina, and then we’ll push through to $86K.”BTC/USD daily chart. Source: X/Michael van de PoppeMeanwhile, Bitcoin’s whale order book showed “heavy sell pressure” between $78,000-$80,000, reinforcing the significance of this resistance level.Bitcoin whale order book. Source: CoinGlassAs Cointelegraph reported, a close above the $76,000-$78,000 resistance zone would confirm that the buyers are in control, clearing the path for a potential rally to $84,000.

Bitcoin (BTC) price metrics are showing relief this month, but the risk of repeating the 2022 bear market remains.Key points:Bitcoin’s Bull Score Index combined price metric reaches its highest levels since October last year.The relief may be short-lived, analysis warns, pointing to the 2022 bear market.Crypto sentiment reaches its most bullish since January, per the Crypto Fear & Greed Index.Bitcoin Bull Score Index ditches “bearish” zoneNew data from onchain analytics platform CryptoQuant place the spotlight on the Bitcoin Bull Score Index (BSI).Bitcoin has finally entered “neutral” territory with its push to $78,000, the latest BSI data confirms, with the Index climbing to its highest since October 2025.BSI incorporates nine price metrics to give an overall impression of performance. Since the bear market began, it has been sharply bearish — just as in the early stages of the previous bear market four years ago.“First time in this bear market that the Bull Score Index enters neutral zone (50),” CryptoQuant contributor Julio Moreno noted in an X post on Wednesday.Bitcoin Bull Score Index. Source: CryptoQuantMoreno cautioned that despite the pressure being off for now, BSI also had a brief cooling-off period before the 2022 bear market continued.“In March 2022, the Bull Score entered neutral territory for about a week, and then the price resumed its decline,” he added.Should history repeat, attention will be on the Index’s performance into the April monthly close, as BTC/USD attempts to break out of a multi-month range.Examining BSI readings last week, with price around $74,000, CryptoQuant contributor Arab Chain described a “balance between supply and demand forces.”“On the other hand, the current BSI reading shows that the market is still far from the area of strong optimism (above 60), which typically indicates strong bullish conditions, while also remaining above the zone of extreme pessimism (clearly below 40),” they wrote in a “QuickTake” blog post. “This places the market in a transitional phase, as investors await new catalysts to determine the next direction.”Sentiment edges to most bullish since JanuaryOther signs of a broader market recovery come from crypto trader sentiment.Related: BTC price due new highs: Five things to know in Bitcoin this week🚨 UPDATE: Crypto Fear & Greed Index sits at 32 (Fear) today, a notable recovery from Extreme Fear at 23 last week. pic.twitter.com/lmjfjh0Ui3— Cointelegraph (@Cointelegraph) April 22, 2026

According to the Crypto Fear & Greed Index, a classic lagging indicator that uses a basket of factors to reflect the mood among investors, conditions are at their least negative since mid-January.Fear & Greed measured 32/100 on Wednesday — still within its “fear” zone while like BSI also approaching the “neutral” bracket.The Index value has nearly tripled in a little over a week.Crypto Fear & Greed Index (screenshot). Source: Alternative.me

Market analysts said Bitcoin’s (BTC) latest rally to $78,000 means that the “uptrend has began,” but the upside could be capped at $84,000, based on several key metrics.Key takeaways:Bitcoin profitability suggests BTC rally “has begun” Bitcoin’s recent price recovery toward $76,000 has pushed it more than 26% above its sub-$60,000 multi-year low reached on Feb. 6.This was accompanied by an increase in the Spent Output Profit Ratio (SOPR), which hit an eight-month high of 2.87, after dropping as low as 0.62 in early February.Related: Bitcoin risks losing $70K as Strategy’s STRC slips below $100SOPR is a metric used to show whether Bitcoin investors have made a profit or loss compared to when they first held Bitcoin. This ratio has historically marked the short-term bottom for BTC when it hits its lowest point.“The $BTC SOPR Ratio shows that $BTC has already broken out of the bottom and is rising,” CryptoQuant analyst CW8900 said in a Tuesday post on X, adding:“The bottom for $BTC was formed last February. The rally is already in progress.”Bitcoin SOPR. Source: CryptoQuantSimilarly, Bitcoin’s Net Unrealized Profit/Loss (NUPL), the difference between total profits and losses currently held by investors, has flipped positive for the first time since early January.This suggests that the downtrend for Bitcoin has ended, and the “real rally of this cycle has begun,” CW8900 said in another X post.Bitcoin NUPL. Source: CryptoQuantThis structurally resembles conditions seen in early stages of previous bull markets, where the NUPL recovered from extended periods below zero as Bitcoin embarked on a sustained rally.1.1 million BTC at $84,000 could trigger sell-offAccording to Bitcoin’s cost basis distribution data, investors hold approximately 1.1 million BTC at an average cost of $84,000, creating a potential resistance zone. This concentration suggests many investors may sell at break-even, potentially stalling Bitcoin’s upward momentum.Bitcoin cost basis distribution chart. Source: GlassnodeAs Cointelegraph reported, Bitcoin’s immediate resistance is at $78,000, where the true market mean currently sits.The US spot Bitcoin ETF cost basis at $83,100 is seen as the next key hurdle. BTC: Average cost basis of US spot ETFs. Source: GlassnodeAnalyst AlphaBTC said the BTC/USD pair might rise higher to fill the CME gap at $84,000, which was created at the start of February.BTC/USD four-hour chart. Source: AlphaBTCAs Cointelegraph reported, a close above the $76,000-$78,000 resistance zone would confirm that the buyers are in control, clearing the path for a potential rally to $84,000.

Bitcoin (BTC) sought to match ten-week highs on Tuesday as market participants bet on a new short squeeze.Key points:Bitcoin is due a fresh short squeeze as funding rates uniquely stay negative as price grinds higher, say market pundits.Short-term targets include a trip to $85,000 in the coming weeks.Bitcoin bulls still need to clear the nearby 21-week trend line keeping price pinned since October 2025.“Cannon is loaded” for Bitcoin short squeezeData from TradingView showed BTC/USD approaching $77,000 for the first time this weekly candle.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewA slight comedown into the Wall Street open meant that price continued to coil below a large area of resistance.Mixed signals over the US-Iran war continued on the day, with Iran denying that its delegations had arrived in Pakistan for a new round of negotiations with the US. As Cointelegraph reported, markets offered only a muted reaction to the latest closure of the Strait of Hormuz oil route.Among Bitcoin traders, a sense of cautious optimism was slowly growing.“A period of consolidation, but clearly upwards pattern,” crypto trader Michaël van de Poppe wrote in an X post. “This means that there’s likely more upside to come for Bitcoin towards the $85,000 area.”Van de Poppe gave a time frame of “two to three weeks” for that level to come into focus, reiterating earlier comments about Bitcoin’s correlation with the Nasdaq.BTC/USDT 1-day chart. Source: Michaël van de Poppe/XOthers focused on ongoing negative funding rates on exchanges, despite price rising.“We’ve never actually gotten one when the chart was grinding up. NEVER. It only occurred during the local BOTTOMS,” trader Osemka noted on X alongside charts showing past negative funding periods.Osemka suggested that “something is brewing beneath” the surface, just as BTC/USD eyed a reclaim of lost support.Binance BTC/USDT futures 1-day chart. Source: Osemka/XResponding, crypto market intelligence platform Decode agreed, seeing the potential for another short squeeze.“What this tells you is that the market is heavily short and bearish, and Bitcoin is setting up for a short squeeze. The cannon is loaded, bulls just need to light the fuse…,” it told X followers.CME gap thins with BTC up against resistanceMultiple lines in the sand for bulls lie immediately above the spot price.Related: Bitcoin can grow ‘probably a lot bigger’ than $30T+ gold market — AnalysisThese include the 21-week exponential moving average (EMA), true market mean, and average buy-in price for investors of the US spot Bitcoin exchange-traded funds (ETFs).BTC/USD one-day chart with 21-week EMA. Source: Cointelegraph/TradingViewTrader Daan Crypto Trades observed that price had also filled the latest weekend “gap” in CME Group’s Bitcoin futures market.“$BTC Closed a big part of the gap from this weekend but still not everything. Market still just following the headlines and no $STRC raises for now. So we will just patiently wait and see,” he commented.CME Bitcoin futures one-hour chart. Source: Daan Crypto Trades/X

Most XRP investors are back in profit, increasing the chance for a rally to $2.24, but bulls must first hold the price above $1.40.

An Ethereum whale has opened a significant long position on Ether (ETH) worth $90.8 million, in what looks like a bold bet that the upside is not over for the top altcoin.Key takeaways:Ethereum whale opened a leveraged long position totaling $90.8 million.Ether price chart’s ascending triangle targets $3,230.Top traders open new ETH long positionsData from TradingView showed the ETH/USD pair trading at $2,280, or 32% higher than the $1,750 low reached on Feb. 6. Holding above $2,200, Ether offered some cause for optimism ahead of key volatility triggers.“Strong retail sales could push yields higher and delay Fed cuts, while weak data would fuel risk-on bets,” analyst AlphaBTC said in a Monday post on X, referring to the main macro drivers this week, adding:“Fed commentary and PMI data add growth signals, while geopolitical risks remain the wildcard catalyst for sudden volatility.”As market participants waited for the next catalysts, attention has shifted to a trader with an impressive track record, who has opened a long position worth about $90.8 million in ETH, with 20x leverage.Source: X/Ash CryptoAnalyst TAnotepad noted that another whale, 0x6C851, has opened a $61 million ETH long position at 20x leverage with entry around $2,303 on HyperLiquid.ETH whale position on HyperLiquid. Source: TAnotepadThese moves coincide with continued flows into spot Ethereum ETFs, which have recorded net inflows for seven consecutive days, totaling $426 million. Spot ETH flows chart. Source: SoSoValueMeanwhile, global Ethereum investment products recorded $328 million in inflows during the week ended last Friday.This reinforces the narrative that whales and institutions view the recent ETH price rebound above $2,400 as a promising move that may open the way toward $3,000.Ether’s ascending triangle targets $3,200 ETH price Ether’s price action has formed a classic ascending triangle on the daily chart, as shown below. The pattern will resolve once the ETH/USD pair breaks above the triangle’s resistance line at $2,400. If this happens, the price could rise by as much as the maximum distance between the triangle’s trend lines.That puts Ether’s breakout target at about $3,230, up by more than 41% from current price levels.ETH/USD daily chart. Source: Cointelegraph/TradingViewThe relative strength index has increased to 54, from oversold conditions at 18 on Feb. 6, suggesting increasing upward momentum.However, the breakout could be curtailed by resistance from the $2,350-$2,500 resistance zone, marked by the 50-day exponential moving average (EMA).Above that, the next major hurdle is the 200-day EMA at $2,640.Zooming out, analyst Micro2Macr0 said that a breakout from a multi-year ascending triangle could lead to a 60%-100% ETH price rally. ETH/USD weekly chart. Source: X/Micro2Macr0 As Cointelegraph reported, ETH price closing above $2,400 resistance, puts it on the path for a recovery toward $2,800, then to $3,050 over the next few days or weeks.

An Ethereum whale has opened a significant long position on Ether (ETH) worth $90.8 million, in what looks like a bold bet that the upside is not over for the top altcoin.Key takeaways:Ethereum whale opened a leveraged long position totaling $90.8 million.Ether price chart’s ascending triangle targets $3,230.Top traders open new ETH long positionsData from TradingView showed the ETH/USD pair trading at $2,280, or 32% higher than the $1,750 low reached on Feb. 6. Holding above $2,200, Ether offered some cause for optimism ahead of key volatility triggers.“Strong retail sales could push yields higher and delay Fed cuts, while weak data would fuel risk-on bets,” analyst AlphaBTC said in a Monday post on X, referring to the main macro drivers this week, adding:“Fed commentary and PMI data add growth signals, while geopolitical risks remain the wildcard catalyst for sudden volatility.”As market participants waited for the next catalysts, attention has shifted to a trader with an impressive track record, who has opened a long position worth about $90.8 million in ETH, with 20x leverage.Source: X/Ash CryptoAnalyst TAnotepad noted that another whale, 0x6C851, has opened a $61 million ETH long position at 20x leverage with entry around $2,303 on HyperLiquid.ETH whale position on HyperLiquid. Source: TAnotepadThese moves coincide with continued flows into spot Ethereum ETFs, which have recorded net inflows for seven consecutive days, totaling $426 million. Spot ETH flows chart. Source: SoSoValueMeanwhile, global Ethereum investment products recorded $328 million in inflows during the week ended last Friday.This reinforces the narrative that whales and institutions view the recent ETH price rebound above $2,400 as a promising move that may open the way toward $3,000.Ether’s ascending triangle targets $3,200 ETH price Ether’s price action has formed a classic ascending triangle on the daily chart, as shown below. The pattern will resolve once the ETH/USD pair breaks above the triangle’s resistance line at $2,400. If this happens, the price could rise by as much as the maximum distance between the triangle’s trend lines.That puts Ether’s breakout target at about $3,230, up by more than 41% from current price levels.ETH/USD daily chart. Source: Cointelegraph/TradingViewThe relative strength index has increased to 54, from oversold conditions at 18 on Feb. 6, suggesting increasing upward momentum.However, the breakout could be curtailed by resistance from the $2,350-$2,500 resistance zone, marked by the 50-day exponential moving average (EMA).Above that, the next major hurdle is the 200-day EMA at $2,640.Zooming out, analyst Micro2Macr0 said that a breakout from a multi-year ascending triangle could lead to a 60%-100% ETH price rally. ETH/USD weekly chart. Source: X/Micro2Macr0 As Cointelegraph reported, ETH price closing above $2,400 resistance, puts it on the path for a recovery toward $2,800, then to $3,050 over the next few days or weeks.